Question

Mention Importance of land. In five points

Answer 1

Free Gift of Nature
: ...Fixed Quantity:
...Land is Permanent:
...Land is a Primary Factor of Production: .
..Land is a Passive Factor of Production
: ...Land is Immovable:
...Land has some Original Indestructible Powers: ...
☺Land Differs in Fertility:

Answer 2

hey mate........



Importance of Land: Land a factor of production is of immense importance. Land is the original sources of all material wealth. ... Thus all aspects of economic life i.e. agriculture, trade and industry are generally influenced by natural resources which is called as “Land” in economics.

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